The Senate Appropriations Committee this afternoon passed SB 281 and
SB 273, the two bills involving Pinnacol Assurance, the
quasi-governmental agency from which the legislature wants to take $500
million to help ease the state budget crisis.
Both bills address authorizing the state to make use of certain
Pinnacol funds. The Senate plans to do second and third readings of the
bills on Thursday and Friday.
In a related matter President Stephen Jordan has announced that if
students pass next week’s referendum on a fee to fund the Student
Success Building and tuition increases dramatically to help offset
budget cuts, the College will not implement the fee.
Jordan told Student Government Assemble leaders today that he
doesn’t want to take the referendum off the table since the amount of
budget cuts has not yet been finalized, however, “We are moving forward
with the understanding that the fee would not be implemented” if the
College must institute a substantial tuition increase.
A double-digit tuition increase has become a possibility since the
JBC announced last Thursday that they had agreed that they would
support allowing the institutions to set their own tuition rates.
Legislators are working on a bill that, among other things, would allow
colleges to set tuition rates. Known as the College Flexibility Bill,
the legislation packages several related issues into one document,
among them tuition, fiscal rules and hiring PERA retirees from other
At the SGA meeting, Jordan also asked the students which programs
they feel are most important for the College’s future. “In some sense,
we’re all stewards for future Metro State students,” Jordan said.
Go to www.mscd.edu/president/higheredfunding for more information or to send your questions and comments.
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